Canada's Big Six banks are building a shared tokenized deposit system.
What it means: Instant settlement between banks domestically. No more 2-3 day wire delays.
This is institutional infrastructure catching up to crypto rails. When TradFi banks start tokenizing deposits, they're admitting blockchain settlement > legacy SWIFT.
Watch for:
• Which chain they pick (probably permissioned)
• How this affects stablecoin adoption in Canada
• Whether retail gets access or just institutions
Banks don't move fast unless they see real threat. Crypto forced this.
What it means: Instant settlement between banks domestically. No more 2-3 day wire delays.
This is institutional infrastructure catching up to crypto rails. When TradFi banks start tokenizing deposits, they're admitting blockchain settlement > legacy SWIFT.
Watch for:
• Which chain they pick (probably permissioned)
• How this affects stablecoin adoption in Canada
• Whether retail gets access or just institutions
Banks don't move fast unless they see real threat. Crypto forced this.
